Income Tax Officer, Haveri V. M/s.Aishwarya Mahila Credit Co-op Society Ltd., Haveri

ITA 140/BANG/2017

• Counselvise Citation: [2018] 125 COUNSELVISE.COM (IT) 0013 (ITAT-BANGALORE)
• Duration Of Justice: 1 year(s) 7 month(s) 26 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-09-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2012-2013
• Appeal Filed On: 19-01-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: PADMA MEENAKSHI JT BENGALURU
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH : BANGALORE BEFORE SHRI N.V. VASUDEVAN, JUDICIAL MEMBER AND SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER ITA NO. 140/ BANG/201 7 ASSESSMENT YEAR : 2012 - 13 THE INCOME TAX OFFICER, WARD-2, HAVERI. VS. AISHWARYA MAHILA CREDIT CO-OP. SOCIETY LTD., HIGH SCHOOL ROAD, HAVERI. PAN: AAAAA 2241E APP ELL ANT RESPONDENT A PP EL LANT BY : SMT. PADMAMEENAKSHI, JT.CIT(DR)(ITAT), BENGALURU. RE SPONDENT BY : NONE DATE OF HEARING : 1 8 .07 .201 8 DATE OF PRONOUNCEMENT : 14.09 .201 8 O R D E R PER N.V. VASUDEVAN, JUDICIAL MEMBER THIS IS AN APPEAL PREFERRED BY THE REVENUE AGAIN ST THE ORDER DATED 30.09.2016 OF THE CIT(APPEALS), DAVANGERE, RELATING TO ASSESSMENT YEAR 2012-13. 2. ADMITTEDLY, THE TAX EFFECT IN THIS APPEAL BY TH E REVENUE IS LESS THAN RS.20 LAKHS. IN VIEW OF THE CBDT CIRCULAR NO.3/201 8 DATED 11.07.2018, THE REVENUE CANNOT FILE APPEALS BEFORE THE TRIBUNAL WHERE THE TAX EFFECT IS LESS THAN RS.20 LAKHS. SINCE THE TAX EFFECT IN THE PRESENT APPEAL IS LESS THAN RS.20 LAKHS, THIS APPEAL OF THE REVENUE IS LIA BLE TO BE DISMISSED AS NOT MAINTAINABLE. ACCORDINGLY, THE APPEAL OF THE REVEN UE IS DISMISSED. ITA NOS.1643 & 1644/BANG/2016 PAGE 2 OF 2 3. IN THE RESULT, THE APPEAL BY THE REVENUE IS DISM ISSED. PRONOUNCED IN THE OPEN COURT ON THIS 14 TH DAY OF SEPTEMBER, 2018. SD/- SD/- ( INTURI RAMA RAO ) ( N.V. VASUDEVAN ) ACCOUNTANT MEMBER JUDICIAL MEMBER BANGALORE, DATED, THE 14 TH SEPTEMBER, 2018. / D ESAI S MURTHY / COPY TO: 1. APP ELL ANT 2. RESPONDENT 3. CI T 4. CIT(A) 5. DR, ITAT, BANGALORE. 6. GUARD FILE BY ORDER SENIOR PRIVATE SECRETARY ITAT, BANGALORE.